GREENACRES, BOXFIELD ROAD, AXMINSTER, EX13 5LD - £263,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GREENACRES is a large extended detached house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £415,610. It was last sold for £263,000 in March 2013, which was around 23% below the average March 2013 detached price in the East Devon local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two GREENACRES sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 28 MAR	£263,000	£341,667	23% below HPI
2003 17 MAR	£182,000	£256,787	29% below HPI

GREENACRES Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two GREENACRES sales from March 2003 and March 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might GREENACRES be worth now?

GREENACRES might now be worth an estimated £415,610.

This is based on house price inflation of 58%, between March 2013 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58% inflationary increase is applied to the most recent sale price for GREENACRES of £263,000 on 28th March 2013. For the value to have increased from £263,000 to £415,610 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of GREENACRES has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2013 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRES has not materially changed since March 2013.

How Large is GREENACRES?

GREENACRES is 125m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Axminster, and where GREENACRES lies on this distribution: 75% of detached houses houses are smaller than GREENACRES, and 25% of houses are larger. Note that EPC data is not available for all properties in Axminster.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of GREENACRES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of GREENACRES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is GREENACRES?

GREENACRES is located on BOXFIELD ROAD in AXMINSTER, in the EX13 postcode district. The below map shows the position of GREENACRES on BOXFIELD ROAD.